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We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...
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This paper provides an extension of the Nash solution to NTU bargaining and rationing problems, allowing for non-convex, non-smooth utility possibility sets. We do so by interpreting the Nash solution as the maximiser of a weighted utilitarian social welfare function, in which the weights are...
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